How can I legally hide money in a divorce?

How can I legally hide money in a divorce?

Defer salary, delay signing new contracts or hold commissions or bonuses so that income won’t be “on the books” during the divorce proceedings. Create phony debt by colluding with friends or family to establish phony loans or expenses.

What happens if you lie on a financial affidavit?

If you lie on a financial affidavit during your divorce, you could face repercussions from a verbal reprimand from the judge to financial penalties and even jail time. Therefore, any lies, omissions or misrepresentations you make have been sworn under oath to the court, just like when you testify.

How is perjury proven?

Perjury is extremely difficult to prove. A prosecutor has to show not only that there was a material misstatement of fact, but also that it was done so willfully—that the person knew it was false when they said it.

What happens if you get caught lying in Family Court?

Lying under oath is perjury, a criminal offence. The lawyer for the other party will try to make you out to be a liar. Lying about a small thing can have a significant adverse impact on the rest of your case. If you are caught out in a lie it destroys your credibility.

Can you go to jail for lying in Family Court?

In New South Wales, perjury is governed by Section 327 of the Crimes Act and carries a maximum penalty of 10 years imprisonment. If the false statement is made in order to bring about a conviction or an acquittal, the maximum penalty is 14 years.